Royale Furniture Holdings Limited provided earnings guidance for the six months ending June 30, 2020. For the period, the company is expected to record a significant loss attributable to owners of the parent as compared with a profit attributable to owners of the parent of HKD 12,657,000 for the corresponding period of the previous year. The revenue of the Group is also likely to decline significantly as compared with that for the corresponding period of the previous year. The Board believes that the expected decrease in revenue and expected significant loss are primarily attributable to the decrease in revenue from sale of furniture of the Group as affected by the market condition with negative sentiment in the durable goods consumption sector, supervisory policies and measures introduced by the government due to the outbreak of the COVID-19 epidemic.